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North Carolina Multi-Member LLC Operating Agreement

A North Carolina multi-member LLC operating agreement is a legal document that codifies an agreement between multiple owners of a limited liability corporation. The agreement outlines such matters as:

  • Where the company will reside;
  • Who contributed what;
  • Who owns which interests;
  • How interests can be transferred;
  • How profits and losses will be allocated;
  • How accounting will be managed;
  • The process for the company’s dissolution;
  • and more.

Each owner should retain a copy of the agreement.

North Carolina Multi-Member LLC Operating Agreement